Free Trial

(U2) More Stable But Still Fragile


Trend Structure Remains Bullish


Cautious Risk Appetite Gains Momentum


Key Support Still Exposed


Late Equity Roundup: 2W Highs

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

(Z0) Eyeing Key Resistance

  • RES 4: 175.23 1.00 proj of Aug 28 - Sep 9 rally from the Sep 10 low
  • RES 3: 175.08 High Aug 4 and the bull trigger
  • RES 2: 174.97 High Oct 2 and key near-term resistance
  • RES 1: 174.86 High Oct 10
  • PRICE: 174.72 @ 04:49 BST Oct 12
  • SUP 1: 173.93 Low Oct 7
  • SUP 2: 173.74 Low Sep 17
  • SUP 3: 173.61 50.0% retracement of the Aug 28 - Oct 2 high
  • SUP 4: 173.28 61.8% retracement of the Aug 28 - Oct 2 high

Bund futures found support last week at 173.93, Oct 7 low easing recent bearish pressure. The move higher refocuses attention on 174.97, Oct 2 high where a break would improve short-term conditions and open the key resistance and bull trigger at 175.08, Aug 4 high. Clearance of 175.08 would confirm a resumption of the broader uptrend. Key support is at 173.93, a move through this level would be bearish.

MNI London Bureau | +44 203-586-3805 |
MNI London Bureau | +44 203-586-3805 |

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.